Answer:
a. Shopping for used cars when the seller has private information about the car unavailable to the buyer
Explanation:
When the market is not able to produce an efficient quantity, then it is said that market is failed. This might happens due to many reasons and asymmetric information is one of them. When there is an asymmetric information, then the sellers of the used car have information about it, but the buyer do not have the full information about the used car.
Hence this leads to inefficient outcome and therefore market fails.
Hence it can be said that a market failure example is Shopping for used cars when the seller has private information about the car unavailable to the buyer.
Hence option first is the correct answer.
Answer: a. benefits Boxlandian consumers by $672 and harms Boxlandian producers by $598.50.
Explanation:
Equilibrium price will be at level where quantity demanded equals quantity supplied.
200 − 2P = -60 + 3P
200+60 = 5P
5P = 260
P = $52
Equilibrium Quantity Demanded = 200 − 2P = 200 - 2 * 52 = 96 units
In a no-trade situation the demand in Boxland is 96 units at a price of $52. If they were to buy at the world price of $45, they would benefit;
= (96 * 52) - (96 * 45)
= 4,992 - 4,320
= $672
Producers however would produce the following at a price of $45;
Q S = -60 + 3P
= -60 + 3(45)
= 75 units
They would be supplying less units and be hurt.
To ensure employers are following federal guidelines and providing equal employment. The Department of Labor can also be used to help people find jobs or stay on their feet if fired and granted unemployment until the person filing for unemployment finds a job or runs out of unemployment funds.
<span>Assuming
that all other requirements are met, a corporation may elect to be
treated as an s corporation under the internal revenue code if it has </span>seventy-five
or fewer stockholders.
S corporations are ordinary business corporations
that <span><span>has between 1 and 100 shareholders and</span> elect to pass corporate income, losses, deductions, and credit
through to their shareholders for federal tax purposes.</span>
Answer:
C)$30,000
Explanation:
Since the assets will depreciate including the acquisition month, the depreciation will be calculated as $500x12= $6000 . So the Book Value will be $36000 -$6000 = $30000
